Answer 7: C
Debt collectors must send you a validation notice with details about the debt. If you dispute the debt in writing within the 30-day window in that notice, the collector generally must pause collection until it sends you verification. Do not confirm you owe a debt you do not recognize, and do not give bank details on an unexpected call.
Medical collections also get special treatment on credit reports. The three national credit bureaus have said that paid medical collections are removed and that medical collections under $500 are not reported. Rules in this area have changed recently and some states go further, so check your own credit reports for free at AnnualCreditReport.com.
Read more: A debt collector called about a medical bill: what to do in the first 30 days.
Question 8 of 8: How to pay
You have checked the bill and you really do owe $3,200. You cannot pay it all at once. Which option is usually best to try first?
- A. A regular credit card
- B. A medical credit card with a “no interest” promotion offered in the waiting room
- C. An interest-free payment plan directly with the hospital or provider
- D. A personal loan